Costa Rica: NO to Higher Tariff on Rice

The Economy Ministry has rejected a request by producers to temporarily raise the tax on imported grain, but has not ruled out doing so from December 2014.

Wednesday, October 29, 2014

From a statement issued by the Ministry of Economy, Industry and Commerce (MEIC):

The Ministry of Economy, Industry and Commerce (MEIC), through Resolution 051-2014-DM has decided, after a thorough technical analysis in which it was determined that there exists a causal relationship between an increase of the imports of husked rice contemplated and the threat of harm to the domestic industry, not to apply provisional safeguard measures on imports of the product concerned.

The MEIC believes that it has not been demonstrated that there are critical circumstances that warrant the application of a preliminary injunction, which would seek to preemptively protect the domestic industry until the research process is concluded. Likewise, because of the little time remaining in the process (one month) its imposition is not logical or rational.

¿Busca soluciones de inteligencia comercial para su empresa?



More on this topic

Rice: Protectionist Measures Rejected

August 2020

In Costa Rica, the Chamber of Commerce opposes the agreement signed between the rice sector and the government, which maintains the fixing of the price and the 35% tariff on grain imports.

The decision was made on August 23rd in the framework of the meeting in which the National Production Council (CNP), the National Rice Corporation (CONARROZ) and the Ministries of Economy, Industry and Commerce (MEIC) and Agriculture and Livestock (MAG) participated.

Costa Rica: Attempts to Stop Rice Imports

June 2014

Rice producers fear not being able to sell their rice harvest because of the entry of rice from countries such as Argentina, Brazil and Uruguay at much lower prices than local ones.

"At great risk are 60,000 hectares of rice, for which there is no known market for this production because Costa Rica is being invaded by milled rice imports from southern countries (Argentina and Uruguay)," said the new President of the National Assembly of Rice Producers, Domingo González. "

Costa Rica: Investment in Rice Industry

October 2013

In the last year 11 rice industries invested $14 million to deal with changes in the international market and local pricing.

Nacion.com reports: "These investments are being made in the new context that is expected with the liberalization of grain prices from 1 March 2014 and the start, two years later, of the gradual reduction of 35% tariffs on imports from the U.S.".

Excess Rice in Costa Rica

October 2011

A decree fixing prices has distorted normal market functioning, and caused overproduction of 19,000 tonnes.

The productive sector, together with representatives from the government agreed that the excess production will be acquired by various distributors.

Leticia Vindas writes on the website of El Financiero "...

ok